ELECTROMAGNETIC GEOSERVICES ASA financials

ELECTROMAGNETIC GEOSERVICES ASA

Country: NO Reporting currency: USD Latest annual report: 2024-12-31
LEI: 5967007LIEEXZXI7OG55
Source filing ↗
Financial statements (USD, as reported — unscaled; 67 line items across 2 annual periods)
Line item 20242023
Income statement
Operating expenses $19.1M$14.1M
Employee benefits expense $3.5M$3.0M
Operating profit (EBIT) $5.6M-$6.1M
Net finance income / (cost) -$2.3M-$2.1M
Profit before tax $3.3M-$8.2M
Income tax expense $503.0K-$21.0K
Profit for the year $2.8M-$8.2M
Total comprehensive income $2.8M-$8.2M
Per share
Basic EPS $0.02$-0.06
Diluted EPS $0.02$-0.06
Free cash flow / share $0.06$0.03
Cash flow statement
Net cash from operating activities $9.1M$5.0M
Income taxes paid $0$59.0K
Net cash from investing activities -$5.1M-$946.0K
Purchase of PP&E (capex) $171.0K$946.0K
Net cash from financing activities -$5.2M-$5.2M
Lease liability payments $2.7M$2.6M
Balance sheet
Total assets $29.8M$27.8M
Non-current assets $13.3M$12.0M
Right-of-use assets $2.4M$1.5M
Current assets $16.5M$15.8M
Inventories $3.4M$4.0M
Trade & other receivables $900.0K$1.1M
Cash & equivalents $9.1M$10.3M
Total equity $3.4M$601.0K
Non-current liabilities $39.0K$19.7M
Long-term borrowings $0$19.6M
Lease liabilities (non-current) $39.0K$139.0K
Current liabilities $26.3M$7.4M
Short-term borrowings $19.7M$0
Lease liabilities (current) $2.5M$2.2M
Derived metrics
Free cash flow $9.0M$4.0M
Operating margin 383.3%-795.6%
Net margin 192.2%-1066.2%
Return on equity 82.4%-1360.7%
Cash conversion ratio 3.24×-0.61×
Capex coverage 53.50×5.23×
Other reported items
Adjustments For Decrease Increase In Inventories $590.0K$148.0K
Adjustments For Decrease Increase In Trade Account Receivable $223.0K$6.8M
Adjustments For Finance Costs $2.6M$2.7M
Adjustments For Finance Income $0$0
Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $0$0
Adjustments For Increase Decrease In Trade Account Payable $1.6M-$1.8M
Adjustments For Sharebased Payments $0$101.0K
Construction In Progress $0$0
Current Finance Lease Receivables $0$0
Current Restricted Cash and Cash Equivalents $748.0K$193.0K
Current Tax Liabilities Current $0$2.9M
Depreciation Rightofuse Assets $1.5M$2.8M
Equity and Liabilities $29.8M$27.8M
Increase Decrease In Cash and Cash Equivalents -$1.1M-$1.2M
Increase Decrease Through Sharebased Payment Transactions $0$102.0K
Interest Expense On Lease Liabilities $249.0K$310.0K
Liabilities $26.4M$27.2M
Miscellaneous Other Operating Expense $3.0M$2.8M
Other Adjustments To Reconcile Profit Loss -$6.2M-$1.8M
Other Comprehensive Income $0-$4.0K
Other Comprehensive Income Net of Tax Exchange Differences On Translation $0-$4.0K
Other Current Receivables $2.3M$179.0K
Other Intangible Assets $387.0K$12.0K
Other Noncurrent Receivables $3.3M$2.9M
Other Reserves -$1.6M-$1.6M
Other Revenue $114.0K$0
Retained Earnings -$66.6M-$69.4M
Revenue From Contracts With Customers $1.5M$767.0K
Revenue From Interest $926.0K$1.3M
Trade and Other Current Payables To Trade Suppliers $2.7M$1.1M
Methodology

Every line item above is a fact tagged in ELECTROMAGNETIC GEOSERVICES ASA's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.